517 N Main StCrown PointIN46307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Crown Point at 517 N Main St, Crown Point, IN, 46307 at $294,700 posts ROI 27.8% with $643/mo cash flow from $2,725/mo rent. Total monthly income equals $2,725/mo, and annual cash flow records $7,713/yr on $97,693 to close. Return on cash invested measures 27.8% and rental yield reads 11.1% at the current $294,700. Equity gained on principal adds $1,902/yr, and 5% annual appreciation supports $81,420 by year five. Five-year ROI prints 146.32% and total cumulative return in cash totals $142,948.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,725/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1870
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,493 (100%) |
| Owner Occupied HU | 23,758 (83.4%) |
| Renter Occupied HU | 3,580 (12.6%) |
| Vacant Housing Units | 1,155 ( 4.1%) |
| Median Home Value | $328,229 |
| Average Home Value | $358,457 |
Housing Distribution
Address Breakdown
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Mls ID: #809016